This IAA discussion paper summarises the main features and global trends in pension fund ESG risk disclosures. Pension fund ESG risks are important in terms of long-term fund performance and delivering members’ benefits, as well as in relation to wider societal impacts. Accordingly, ESG risk disclosures is a rapidly developing area.
The paper highlights important issues and trends relating to ESG disclosures that actuaries involved with pension funds should be aware of, so that they can ensure their clients or employers address the challenges on a timely basis. It is also relevant to the wider pension fund community.